Vinh Long province tops 2020 open budget index rankings

The 2020 Provincial Open Budget Index (POBI) has the average score of 69.09 out of 100 points, up 3.54 points from the previous year, with the Mekong Delta province of Vinh Long topping the rankings.
Vinh Long province tops 2020 open budget index rankings ảnh 1Some participants in the online workshop launching the 2020 POBI report on June 3 (Photo: VNA)
Hanoi (VNA) – The 2020 Provincial Open Budget Index(POBI) has the average score of 69.09 out of 100 points, up 3.54 points fromthe previous year, with the Mekong Delta province of Vinh Long topping therankings.

Results of the 2020 POBI survey, conducted by the BudgetTransparency, Accountability and Participation (BTAP) Alliance,the Vietnam Institute for Economic and Policy Research (VEPR), and the Centrefor Development and Integration, were released via an online workshop on June3.

The survey showed that last year, 27 provincial-levellocalities fully publicised documents and information about the State budget,three localities more than  2019.
Meanwhile, those publishing relatively sufficientinformation numbered 29, up two localities. The numbers of those withinsufficient or little information stood at five and two, respectively decliningfour and one from 2019.

With 93.68 points, Vinh Long tops the 2020 rankings,followed by central Da Nang city (92.26 points) and southern Ba Ria-Vung Tauprovince (90.45 points). The worst performers are southern Binh Phuoc province(3.84 points) and the Central Highlands province of Dak Lak (23.41 points).

Former VEPR Director Nguyen Duc Thanh, a representative ofthe research group, said the POBI scores of localities were relatively low in thefirst years the survey was carried out, with the national average of 30 points,which meant almost no provinces and cities paid attention to budgettransparency as regulated in the 2015 Law on State Budget.

However, strong improvements have been seen in the followingyears when they realised their positions in the rankings, he noted, adding the nationalPOBI average surged to 50 points in 2018 and 65 points in 2019, indicating thatlocalities have been aware of improving their budget transparency.

Though in 2020 - the fourth year of the POBI survey, the improvementof the POBI scores tended to stagnate, many provinces that used to have verylow positions recorded considerable improvements while those with high scoresand “traditional” budget transparency maintained their stable performance,according to Thanh.

The POBI survey helps localities and central agenciesmeasure the transparency level in the State budget management. It also assiststhe country to have better financial and fiscal reforms, helping to achieve Goal16 of the UN Sustainable Development Goals about transparency, accountability,and people’s participation.

The 2020 survey was funded by Oxfam Vietnam andKonrad-Adenauer-Stiftung Vietnam./.
VNA

See more

Durians being prepared for export. (Photo: phunuonline.com.vn)

Vietnam tightens fruit inspections after warning from China

The Plant Protection Department under the Ministry of Agriculture and Rural Development has requested that local authorities and relevant agencies enhance inspections and monitoring of cultivation areas and export packing facilities for fresh fruit, including durians and jackfruit.

Illustrative photo (Photo: VNA)

VinFast posts record monthly, yearly car sales

Vietnamese car maker VinFast announced that it delivered over 20,000 vehicles in December 2024, a sales record in the domestic market, raising its total last year to more than 87,000.

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of this year (Photo: VNA)

Gold prices hit new peak

The prices of SJC-branded gold bars have surged by 2.6 million VND (102.5 USD) per tael since the beginning of 2025.

Vietnamese products at a supermarket in Laos. (Photo: VNA)

Vietnamese products gain market share in ASEAN countries

Vietnamese products are gaining traction and increasing their market share in the ASEAN bloc, particularly in neighbouring countries such as Cambodia and Laos, according to businesses and a report by the Ministry of Industry and Trade (MoIT).

 New real estate projects in HCM City. (Photo: VNA)

HCM City’s land-related revenue surges 50% in 2024

Land-related revenue in Ho Chi Minh City has surged nearly 50% year-on-year, surpassing 25.3 trillion VND (nearly 1 billion USD) in 2024, according to data from its Department of Natural Resources and Environment.

Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair. (Photo: VNA)

Uruguayan expert praises Vietnam's development pace

Vietnam is developing sustainably and is an incredibly attractive market for South American countries, particularly Uruguay, said Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay and Programme Coordinator of the ASEAN-MERCOSUR Chair.

GDP in the fourth quarter of 2024 grows by 7.55% year-on-year (Photo: VNA)

2024’s rosy socio-economic results serve as foundation to accelerate 2025 growth

The positive socio-economic results of 2024 lay a crucial foundation for Vietnam to enter 2025, when the economy is expected to accelerate and achieve the highest goals outlined in the 5-year socio-economic development plan for the 2021-2025 period, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.